Business Personal Property
How PTMS benefits you
- Automates all aspects of personal property tax compliance
- Optimizes your allocation of workforce resources
- Increases tax return accuracy and shortens return filing times
- Proactively manages property tax tasks and deadlines
- Helps users pay more bills in less time
- Streamlines audits
- Simplifies accruals and forecasts
- Improves the speed and accuracy of tax bill reimbursements
- Provides users quick access to status reports, analytics, and custom KPIs
- Minimizes taxable value by eliminating non-assessable costs and capitalizing on abatements and exemptions
PTMS solution features
- Access to information, including calculation methods, tax rates, and due dates, from thousands of jurisdictions
- Auto-populates jurisdictional facsimile forms with your data
- Provides tools to break out non-assessable costs, such as software, installation, and sales tax, from assets
- Eliminates redundant annual cleanup
- Split assets into multiple categories and ages, or across multiple returns
- Identifies asset changes, including transfers, new acquisitions, and disposals, automatically upon import
- Built-in abatement and exemption tracking and calculations
- Automatically depreciates assets according to assessor calculation tables
- Receive alerts for missing or over-assessed value notices and tax bills
- Track each step in your property tax process with property tax workflows
- Easy-to-use tax payment process allows for automatic feeds to any AP or AR system
- Allocation functionality apportions tax amounts to asset records for easy customer invoicing
- Provides tools for painless, accurate projections, accrual true-ups, and journal entry creation
Advanced functionality for PTMS
How does this help my business?
